Caesars Entertainment Corporation (CZR)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -278,000 | 786,000 | -899,000 | -1,019,000 | -1,757,000 |
| Revenue | US$ in thousands | 11,218,000 | 9,002,000 | 8,497,000 | 7,105,000 | 2,245,000 |
| Net profit margin | -2.48% | 8.73% | -10.58% | -14.34% | -78.26% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-278,000K ÷ $11,218,000K
= -2.48%
Caesars Entertainment Corporation's net profit margin has fluctuated significantly over the past five years. At the end of December 31, 2020, the net profit margin was a negative 78.26%, indicating a substantial loss relative to revenue. Over the following years, there was a gradual improvement in the net profit margin, with figures of -14.34% in 2021, -10.58% in 2022, and then a significant turnaround to a positive 8.73% by December 31, 2023. However, at the end of December 31, 2024, the net profit margin declined again to a negative 2.48%.
The negative net profit margins in the earlier years suggest that Caesars Entertainment Corporation was experiencing challenges in generating profits relative to its total revenue. The positive net profit margin in 2023 indicates that the company was able to effectively manage its expenses and increase profitability. However, the subsequent decrease in the net profit margin in 2024 underscores potential issues that may have impacted the company's profitability.
Overall, the trend in Caesars Entertainment Corporation's net profit margin reflects a mixed performance in terms of generating profits, with the company facing periods of significant losses but also showing signs of improvement and profitability in certain years.
Peer comparison
Dec 31, 2024